In
January, 2014 Reserve Bank of India (RBI) has announced the decision to
withdraw from circulation all currency notes printed prior to 2005 by March 31,
2014. On March 03, 2014 RBI has extended the date of exchanging the pre-2005
bank notes to January 01, 2015. The aggregate number of bank notes of Rs. 100,
500 and 1000 denominations of pre-2005 series, shredded in the Regional Offices
of RBI from January 2014 to June 2014 are as under:
|
Denomination
|
No. of pieces
|
Amount (Rs.)
|
|
Rs. 100
|
30,10,60,606
|
30,10,60,60,606
|
|
Rs. 500
|
10,98,98,954
|
54,94,94,77,000
|
|
Rs. 1000
|
6,18,30,724
|
61,83,07,24,000
|
RBI
has already been withdrawing bank notes printed prior to 2005 from the market
in a routine manner through banks. The withdrawal of pre-2005 bank notes has
been going on smoothly.
This
information was given by the Minister of State for Finance, Smt. Nirmala
Sitharaman in written reply to a question in Lok Sabha today.
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DSM/ka